Real Life Regulators: Financial Fraud
NASAA’s Real Life Regulators podcast spotlights investment fraud cases from the files of state and provincial securities regulators and features interviews with the investigators and attorneys who bring these fraudsters to justice. Taking listeners through the investigative process provides an insider’s view of how to identify an investment scam.
Episodes
NASAA 2025 Top Investor Threats
Scams involving cryptocurrency, social media apps, and marketing tactics designed to play on emotions made NASAA’s 2025 annual list of top investor threats. In today’s special episode of Real-Life Regulators, we are joined by Amanda Senn, D…
The Schemery at the Creamery
From award-winning dairy to devastating deception. Trickling Springs Creamery, a beacon of East Coast goodness, hid a chilling secret. Philip Riehl, one of their own, used the sacred trust of his Amish and Mennonite community to build a mul…
The Lone Wolf
Today’s episode has a very fitting title “The Lone Wolf”. Gregory Lone was truly a wolf in sheep’s clothing. Lone purchased a long-standing insurance company based in Wenatchee, Washington, and he specifically targeted older customers who …
Hatching from the Egg to Creating Your Own Nest Egg – Part 3
Today’s episode is the final part of the three-part series titled “Hatching from the Egg to Creating Your Own Nest Egg.” Retirement is a goal we all have, and we all hope to obtain one day.This concluding episode will focus on those who are…
Hatching from the Egg to Creating Your Own Nest Egg – Part 2
Today’s episode is part two of a three-part series titled “Hatching from the Egg to Creating Your Own Nest Egg.” This part will focus on the Sandwich Generation. These are the adults that are caring for young kids, older parents, and themse…
Hatching from the Egg to Creating Your Own Nest Egg - Part 1
Today’s episode is part one of a three-part series titled “Hatching from the Egg to Creating Your Own Nest Egg”. Part one will focus on young adults. Young Adults have so much time to prepare for retirement, but the best time to start plann…
Ontario Securities Commission Episode
Today’s podcast is a special episode that was recorded live during the 2024 NASAA Investor Education Training. We talked with representatives from the Ontario Securities Commission and discussed the downfall of crypto asset trading platform…
Silver Lined Lies
Today’s episode, “Silver Lined Lies,” was recorded live during the 2023 NASAA Investor Education Conference. We discussed how a small Utah coin shop owner used his storefront to execute the largest Ponzi scheme in Utah history! He did not u…
Failure to Launch
Many of us currently use virtual communication platforms on a regular basis to communicate with colleagues, customers, friends, and family members. In today’s episode, “Failure to Launch,” our guests will discuss an investigation involving …
Rotten Tomatoes (Part 2)
Today’s podcast is the concluding episode of our Rotten Tomatoes story. If you have not listened to part 1 yet, we encourage you do to so before you listen to this episode. Rotten Tomatoes details how a career conman stole over two million …
Rotten Tomatoes (Part 1)
Today’s podcast is part 1 of a 2-part episode called Rotten Tomatoes. Rotten Tomatoes details how a career conman stole over 2 million dollars in less than 6 months from Alabama investors. He fooled people into investing in his tomato busin…
The Next Frontier – A Virtual ‘Wild West’ in Nontraditional Investments
This episode concludes our special three-part series that explores the different “frontiers” of fraud – from the early days of investing and the origins of the Blue captiSky Law, to the “Wild, Wild West” of nontraditional investments within…
Money! Money! Money! The Name Has Changed, but the Fraud Game is Still the Same
This episode is the second of our special three-part series that explores the different “frontiers” of fraud – from the early days of investing and the origins of the Blue Sky Law, to the “Wild, Wild West” of nontraditional investments with…
The ‘Wild West’ of Investing and Origins of the Blue Sky Law
Before there was digital currency, there was physical currency. Before there was physical currency, there was barter and trade. And if “necessity is the mother of invention,” then the necessity of exchanging currency for goods and services …
The Salsa Swindler (Part 2)
Today’s episode is the concluding episode featuring the Salsa Swindler. If you have not listened to part 1 yet, we encourage you do so before listening to this episode. The Salsa Swindler is a career criminal who started a long-distance rel…
The Salsa Swindler (Part 1)
Today’s episode is part one of a two-part episode featuring the Salsa Swindler, a career criminal who started a long-distance relationship with lady who had accumulated some nice savings. However, lies and deceit are the key to his salsa re…
Don’t Get Taken to the Cleaners
Today's episode will focus on a Ponzi scheme case with many twists and turns involving a narcissist who will even pitch an investment idea to the prosecutors, fires his defense attorney during the trial, and asks for a life sentence, just t…
Fake Talent Search Mastermind Leads to Broken Hearts Instead of Topping the Charts
Today’s episode mirrors a soap opera script. A charismatic bachelor who professes to have Hollywood connections lures multiple women from dating websites and promises them fame, money, and love and delivers on none. Romance scams occurs w…
A Wolf in Sheep's Clothing
After receiving a tip from adult protective services, the Securities Department at the Office of the Montana State Auditor began an investigation into a man allegedly using bank accounts of fellow church members as a personal piggy bank. Wh…
Swindled by the Son She Never Had
The American dream is at the heart of this episode, which features the story of a young immigrant who comes to the United States and becomes a successful entrepreneur through her strong work ethic. Her retirement becomes anything but comfor…
The Advisor and the Widow
Investigators and lawyers from the Connecticut Department of Banking’s Securities and Business Investment Division, discuss how an unscrupulous financial advisor took advantage of a widowed client and drained her investment account to pay…